A carpet's original cost was Rs 4000. During the festival season, the carpet was offered for sale at
110% of its actual cost. Later the carpet was sold at a discount of 20%. How much did the carpet fetch
for its sale?
(a) Rs. 3520
(c) Rs. 3750
(b) Rs. 3620
(d) Rs. 4000
Answers
Answer:
(a)3520
Step-by-step explanation:
"for sale at 110% of its actual cost"
100% of original cost=4000
110% of original cost=4000+10%×4000=4400
now if it was sold at discount of 20%= 4400-20%×4400=3520
Answer:
The correct option is A.
Step-by-step explanation:
This is a question of profit, loss and discount. In this question we have to find out seling price of the carpet after giving discount on the market price.
According to the question
The original price of carpet = 4000
the carpet was offered for sale at 110% of its actual cost, which is 4000.
The selling price is 4000 × 110/100 = 4400 Rs.
later the carpet was sold at a discount of 20%.
We know that discount is given on market price only.
If we substract discount amount from market price, we get new selling price
4400 - ( 4400 × 20/100)
4400 - 880
3520 Rs.
The answer is 3520 Rs.
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